Gas Exchange Monitor Market Revenue and Value Chain 2018-2028

Posted by ankush Nikam on October 31st, 2019

Gas Exchange Monitor: Market Insights

Gas exchange monitor is used to monitor and measure a variety of respiratory-related disorders and provide information regarding the patient’s lung conditions. Gas exchange monitor device measures the volume flow of two main gases such as oxygen and carbon dioxide per unit time. The increasing prevalence of respiratory disorder and rising demand for better treatment options by the population boosting the gas exchange monitor market. According to the WHO, around 65 Mn population suffering from a chronic obstructive pulmonary disease (COPD), worldwide. Around 334 Mn population suffering from Asthma and it is more prevalent in children and affecting around 14% of children, globally. Today, there are many gas exchange monitor devices available in the market to measure the oxygen volume and carbon dioxide volume for various applications. However, there are limitations in gas exchange monitor devices such as errors in the calibration which may provide an inappropriate result and leads to false treatment. Additionally, changes in the consciousness level, temperature, anxiety, and other factors may affect carbon dioxide and oxygen volume. All these factors may provide variations in the result and can give false information and may hamper the global gas exchange monitor market.

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Gas Exchange Monitor: Market Dynamics

Over the past few years, there has been major development introduced in the gas exchange monitor devices. On January 31, 2019, “MediPines gas exchange monitor” by MediPines Corporation received FDA clearance. The device is used for the complete analysis of lung function. The introduction of novel products and increasing applications of gas exchange monitor are expected to generate revenue opportunities for the market players and will boost the global gas exchange monitor market. However, many manufacturers do not provide accurate and precise data for gas exchange devices, hence, clinicians need to depend on independently available data and/or depend on the bench tests conducted by themselves. This can restraint the global market growth of gas exchange monitor market.

Gas Exchange Monitor market: Segmentation

The global gas exchange monitor market is segmented by product type, applications and end user:

  • Gas Exchange Monitor Segmentation by Product Types
    • Oxygen Volume Monitor Device
    • Carbon Dioxide Monitor Device
  • Gas Exchange Monitor Segmentation by Application
    • Chronic obstructive pulmonary disease (COPD)
    • Asthma
    • Respiratory Tract Infection
    • Tuberculosis
    • Lung cancer
    • Others
  • Gas Exchange Monitor Segmentation by End User
    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgical Centers
    • Others

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ankush Nikam

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ankush Nikam
Joined: December 21st, 2016
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